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Block (SQ)
NYSE:SQ
Holding SQ?
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SQ Stock Chart & Stats
Day’s Range― - ―
52-Week Range$55.00 - $99.26
Previous CloseN/A
Volume2.48M
Average Volume (3M)7.11M
Market Cap
$51.09B
Enterprise Value$39.47B
Total Cash (Recent Filing)$555.50M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)47.6
Beta2.35
Next Earnings
Feb 20, 2025EPS Estimate
0.87Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.78
Shares Outstanding559,742,000
10 Day Avg. Volume6,817,455
30 Day Avg. Volume7,108,383
Standard Deviation0.18
R-Squared0.51
Alpha-0.00709
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.44
Price to Cash Flow (P/CF)21.30
P/FCF Ratio23.20
Enterprise Value/Market Cap0.77
Enterprise Value/Revenue1.68
Enterprise Value/Gross Profit5.26
Enterprise Value/Ebitda31.88
Forecast
1Y Price Target
$103.13Price Target Upside19.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
Block News
Bulls Say, Bears Say
Bulls Say
Competitive PositioningThe unification of apps and distribution diversification at Square, along with the introduction of new functionalities, strengthens its competitive positioning.
Growth PotentialSeller GPV is expected to accelerate back into double-digit growth, driven by easing comparisons, new sales momentum, international expansion, and product innovation.
ValuationThe stock is considered inexpensive compared to its growth potential, trading at lower multiples than peers despite faster growth.
Bears Say
Bitcoin MiningSpeaker commentary raises questions around the demand potential for Block (SQ)'s Bitcoin mining hardware.
Financial PerformanceApproximately 30% of adjusted net income goes towards share buybacks and is not distributable earnings, affecting the valuation.
User GrowthCash App has shown no growth in active users for three consecutive quarters, and expectations for future growth might not align with recent trends.
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Ownership Overview
8.74% Insiders
20.71% Mutual Funds
0.26% Other Institutional Investors
56.36% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Block
Desktop Users
Mobile Users
SQ FAQ
What was Block’s price range in the past 12 months?
Block lowest stock price was $55.00 and its highest was $99.26 in the past 12 months.
What is Block’s market cap?
Block’s market cap is $51.09B.
When is Block’s upcoming earnings report date?
Block’s upcoming earnings report date is Feb 20, 2025 which is in 33 days.
How were Block’s earnings last quarter?
Block released its earnings results on Nov 07, 2024. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.881 by -$0.001.
Is Block overvalued?
According to Wall Street analysts Block’s price is currently Undervalued.
Does Block pay dividends?
Block does not currently pay dividends.
What is Block’s EPS estimate?
Block’s EPS estimate is 0.87.
How many shares outstanding does Block have?
Block has 559,742,000 shares outstanding.
What happened to Block’s price movement after its last earnings report?
Block reported an EPS of $0.88 in its last earnings report, missing expectations of $0.881. Following the earnings report the stock price went down -0.943%.
Which hedge fund is a major shareholder of Block?
Among the largest hedge funds holding Block’s share is Sands Capital Management LLC. It holds Block’s shares valued at 754M.
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Block Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$103.13 (19.39% Upside)
$103.13 (19.39% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 88%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.56%
12-Months-Change
Fundamentals
Return on Equity
5.67%
Trailing 12-Months
Asset Growth
11.67%
Trailing 12-Months
Company Description
Block
Founded in 2009, California-based Square, Inc. provides credit card payment processing solutions. The company's commerce ecosystem offers point-of-sale software and hardware that helps sellers with payment and point-of-sale solutions.
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SQ Company Deck
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SQ Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with significant growth in gross profit, profitability, and cash flow. The company has a positive outlook for 2025, focusing on product innovations and strategic investments. However, there are some concerns regarding delayed benefits and regulatory challenges, and moderated user growth for Cash App.Read More>---
SQ Stock 12 Month Forecast
Average Price Target
$103.13
▲(19.39% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+14.35%
assigned a buy rating 2 months ago
Copying David Koning's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +14.35% per trade.
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